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GST on SYERAA!


Ram Charan has worked hard to give the best to his father Chiranjeevi for his comeback as producer. Ram Charan was the producer for Khaidi No 150 in 2017 and got commercial success under Konidela Productions. 
On his second venture, Ram Charan made Period Film with Chiranjeevi titled ‘Syeraa Narasimha Reddy’. Ram Charan made the film lavishly with huge star cast and did the promotion activities very aggressively.

In their pre-promotions, Ram Charan and Chiranjeevi were successfully elevated the movie on par with Bahubali. As per buzz, Ram Charan spends around 200 crores on the film. Movie got mixed talk among the audience and movie did well in some parts of Telugu States and buyers suffer miserable losses in Bollywood and US. Reportedly, movie was collected 100 crores as final figure. Chiranjeevi has tried to approach Two Telugu State Governments for Tax exemption for getting finance relief to some extent.

Unfortunately, two governments didn’t show Chiranjeevi request on Tax Exemption. Now, Ram Charan should pay GST for the government on Syeraa. Reportedly, Charan paid 20 crores to government in the form of GST. It can be additional financial burden to Chiranjeevi and Ram Charan in addition to losses. Being a period film character from Rayalaseema, Chiranjeevi expects Tax Exemption from Two Telugu State Governments. Chiranjeevi didn’t expect from Telugu State Governments.

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